$PIPR
PIPER SANDLER COMPANIES Stock $pipr

$pipr Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000123024524000179 Filed on November 07, 2024

Income Statement

Concept	2024 Q4	2024 Q3
Revenue		$360.9M
YoY Change		23.59%
Cost Of Revenue		$6.509M
YoY Change		-12.16%
Gross Profit		$354.4M
YoY Change		24.52%
Gross Profit Margin		98.2%
Selling, General & Admin		$285.1M
YoY Change		10.65%
% of Gross Profit		80.45%
Research & Development		$13.71M
YoY Change		6.43%
% of Gross Profit		3.87%
Depreciation & Amortization		$2.572M
YoY Change		-72.59%
% of Gross Profit		0.73%
Operating Expenses		$298.0M
YoY Change		2213.35%
Operating Profit		$56.39M
YoY Change		-79.25%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income		$55.62M
YoY Change		-1712.03%
Income Tax		$15.23M
% Of Pretax Income		27.38%
Net Earnings		$34.79M
YoY Change		797.09%
Net Earnings / Revenue		9.64%
Basic Earnings Per Share		$2.19
Diluted Earnings Per Share		$1.96
COMMON SHARES
Basic Shares Outstanding	17.78M shares	17.70M shares
Diluted Shares Outstanding		17.77M shares

Balance Sheet

Concept	2024 Q4	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$350.2M
YoY Change		575.06%
Cash & Equivalents		$350.2M
Short-Term Investments
Other Short-Term Assets		$25.84M
YoY Change		13.36%
Inventory
Prepaid Expenses
Receivables		$95.06M
Other Receivables		$34.94M
Total Short-Term Assets		$506.0M
YoY Change		6.77%
LONG-TERM ASSETS
Property, Plant & Equipment		$55.63M
YoY Change		-11.89%
Goodwill		$310.3M
YoY Change		2.84%
Intangibles		$110.5M
YoY Change		-8.68%
Long-Term Investments		$14.25M
YoY Change		20.39%
Other Assets		$574.2M
YoY Change		-9.36%
Total Long-Term Assets		$1.526B
YoY Change		2.33%
TOTAL ASSETS
Total Short-Term Assets		$506.0M
Total Long-Term Assets		$1.526B
Total Assets		$2.032B
YoY Change		3.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses		$537.5M
YoY Change		14.63%
Deferred Revenue
YoY Change
Short-Term Debt		$20.00M
YoY Change		-85.8%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities		$670.0M
YoY Change		7.79%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00
YoY Change		-100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities		$0.00
YoY Change		-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities		$670.0M
Total Long-Term Liabilities		$0.00
Total Liabilities		$670.0M
YoY Change		-10.25%
SHAREHOLDERS EQUITY
Retained Earnings		$505.3M
YoY Change		22.48%
Common Stock		$985.8M
YoY Change		0.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity		$1.167B
YoY Change
Total Liabilities & Shareholders Equity		$2.032B
YoY Change		3.4%

Cashflow Statement

Concept	2024 Q4	2024 Q3
OPERATING ACTIVITIES
Net Income		$34.79M
YoY Change		797.09%
Depreciation, Depletion And Amortization		$2.572M
YoY Change		-72.59%
Cash From Operating Activities		$80.13M
YoY Change		193.99%
INVESTING ACTIVITIES
Capital Expenditures		$2.476M
YoY Change		-31.03%
Acquisitions
YoY Change
Other Investing Activities		-$16.17M
YoY Change
Cash From Investing Activities		-$18.64M
YoY Change		419.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-34.98M
YoY Change		-7.45%
NET CHANGE
Cash From Operating Activities		80.13M
Cash From Investing Activities		-18.64M
Cash From Financing Activities		-34.98M
Net Change In Cash		26.51M
YoY Change		-287.66%
FREE CASH FLOW
Cash From Operating Activities		$80.13M
Capital Expenditures		$2.476M
Free Cash Flow		$77.65M
YoY Change		228.13%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Central Index Key EntityCentralIndexKey	0001230245
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Registrant Name EntityRegistrantName	PIPER SANDLER COMPANIES
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	30-0168701
	dei	City Area Code CityAreaCode	(612)
	dei	Local Phone Number LocalPhoneNumber	303-6000
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.01 per share
	dei	Trading Symbol TradingSymbol	PIPR
	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2024Q3	us-gaap	Other Assets OtherAssets	175264000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	85955000	usd
CY2024Q3	us-gaap	Assets Assets	2032127000	usd
CY2023Q4	us-gaap	Assets Assets	2140983000	usd
CY2023Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	148980000	usd
	dei	Entity File Number EntityFileNumber	001-31720
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	95174000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	356297000	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1562000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-894000	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	1167308000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1085498000	usd
CY2024Q3	us-gaap	Minority Interest MinorityInterest	194774000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	213975000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1362082000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1299473000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2032127000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2140983000	usd
CY2024Q3	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	241470000	usd
CY2023Q3	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	211666000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	731775000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	580037000	usd
CY2024Q3	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	100934000	usd
CY2023Q3	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	90493000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	284113000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	274644000	usd
CY2024Q3	us-gaap	Interest Income Operating InterestIncomeOperating	7831000	usd
CY2023Q3	us-gaap	Interest Income Operating InterestIncomeOperating	6980000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	22813000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	19421000	usd
CY2024Q3	pipr	Investmentincomeloss Investmentincomeloss	10693000	usd
CY2023Q3	pipr	Investmentincomeloss Investmentincomeloss	-17108000	usd
	pipr	Investmentincomeloss Investmentincomeloss	7510000	usd
	pipr	Investmentincomeloss Investmentincomeloss	9804000	usd
CY2024Q3	us-gaap	Revenues Revenues	360928000	usd
	us-gaap	Revenues Revenues	1046211000	usd
	us-gaap	Revenues Revenues	883906000	usd
CY2023Q3	pipr	Other Interest Expense OtherInterestExpense	2546000	usd
	pipr	Other Interest Expense OtherInterestExpense	4404000	usd
	pipr	Other Interest Expense OtherInterestExpense	7790000	usd
CY2024Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	359572000	usd
CY2023Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	289485000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	1041807000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	876116000	usd
CY2024Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	231014000	usd
CY2023Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	207282000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	688169000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	595880000	usd
CY2024Q3	us-gaap	Professional Fees ProfessionalFees	13525000	usd
CY2023Q3	us-gaap	Professional Fees ProfessionalFees	12538000	usd
	us-gaap	Professional Fees ProfessionalFees	39921000	usd
	us-gaap	Professional Fees ProfessionalFees	38120000	usd
CY2024Q3	us-gaap	Occupancy Net OccupancyNet	16481000	usd
CY2023Q3	us-gaap	Occupancy Net OccupancyNet	16308000	usd
	us-gaap	Occupancy Net OccupancyNet	49274000	usd
	us-gaap	Occupancy Net OccupancyNet	48056000	usd
CY2024Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13712000	usd
CY2023Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	12883000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	41509000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	40241000	usd
CY2024Q3	us-gaap	Business Development BusinessDevelopment	10392000	usd
CY2023Q3	us-gaap	Business Development BusinessDevelopment	8674000	usd
	us-gaap	Business Development BusinessDevelopment	32527000	usd
	us-gaap	Business Development BusinessDevelopment	29656000	usd
CY2024Q3	pipr	Dealrelatedexpenses Dealrelatedexpenses	6050000	usd
CY2023Q3	pipr	Dealrelatedexpenses Dealrelatedexpenses	6653000	usd
	pipr	Dealrelatedexpenses Dealrelatedexpenses	18380000	usd
	pipr	Dealrelatedexpenses Dealrelatedexpenses	20172000	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2572000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4833000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7294000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14641000	usd
CY2024Q3	us-gaap	Other Noninterest Expense OtherNoninterestExpense	4283000	usd
CY2023Q3	us-gaap	Other Noninterest Expense OtherNoninterestExpense	18900000	usd
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	12164000	usd
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	34075000	usd
CY2024Q3	us-gaap	Noninterest Expense NoninterestExpense	303957000	usd
CY2023Q3	us-gaap	Noninterest Expense NoninterestExpense	292935000	usd
	us-gaap	Noninterest Expense NoninterestExpense	905524000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	55615000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3450000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136283000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	36740000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	15225000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10227000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31345000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2340000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	40390000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-13677000	usd
	us-gaap	Profit Loss ProfitLoss	104938000	usd
	us-gaap	Profit Loss ProfitLoss	34400000	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5601000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-17555000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-7117000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	934000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	34789000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	3878000	usd
	us-gaap	Net Income Loss NetIncomeLoss	112055000	usd
	us-gaap	Net Income Loss NetIncomeLoss	33466000	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.19
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.11
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.25
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.35
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.95
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.65
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.60
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.85
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.05
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15105000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15767000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14895000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17256000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17636000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17176000	shares
CY2024Q3	us-gaap	Profit Loss ProfitLoss	40390000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-13677000	usd
	us-gaap	Profit Loss ProfitLoss	104938000	usd
	us-gaap	Profit Loss ProfitLoss	34400000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2354000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2456000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	525000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	42744000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-14886000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	107394000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	34925000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	5601000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-17555000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-7117000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	37143000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2669000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	114511000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	33991000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1299473000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	49578000	usd
CY2024Q1	us-gaap	Dividends Dividends	35660000	usd
CY2024Q1	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	52091000	usd
CY2024Q1	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	106000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	44000	usd
CY2024Q1	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	3395000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1325030000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	14970000	usd
CY2024Q2	us-gaap	Dividends Dividends	14787000	usd
CY2024Q2	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	9898000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1340808000	usd
	dei	Document Type DocumentType	10-Q
CY2024Q3	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	5153000	usd
CY2023Q3	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	4864000	usd
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q3	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	1757000	usd
CY2023Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	979000	usd
CY2024Q3	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	110751000	usd
CY2024Q3	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	375140000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	486145000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	93727000	usd
CY2024Q3	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	67223000	usd
CY2023Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	81679000	usd
CY2024Q3	us-gaap	Liabilities Liabilities	670045000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	841510000	usd
CY2023Q3	us-gaap	Revenues Revenues	292031000	usd
CY2024Q3	pipr	Other Interest Expense OtherInterestExpense	1356000	usd
CY2024Q3	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	775000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3903000	usd
	us-gaap	Noninterest Expense NoninterestExpense	839376000	usd
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.96
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	934000	usd
CY2024Q2	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2024Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	5496000	usd
CY2024Q2	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	527000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	58000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	40390000	usd
CY2024Q3	us-gaap	Dividends Dividends	10667000	usd
	dei	Entity Address City Or Town EntityAddressCityOrTown	Minneapolis
	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	14534000	usd
	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	14632000	usd
CY2023Q3	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	0	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	1752000	usd
CY2024Q3	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	190643000	usd
CY2023Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	211096000	usd
CY2024Q3	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	284854000	usd
CY2023Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	298048000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	310331000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	301760000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	157781000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	150487000	usd
CY2024Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	110498000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	116197000	usd
CY2024Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	156174000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	179207000	usd
CY2024Q3	us-gaap	Short Term Borrowings ShortTermBorrowings	20000000	usd
CY2023Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	30000000	usd
	dei	Entity Address Address Line1 EntityAddressAddressLine1	800 Nicollet Mall, Suite 900
	dei	Entity Address State Or Province EntityAddressStateOrProvince	MN
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	55402
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17779518	shares
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	350185000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	383098000	usd
CY2023Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	212004000	usd
CY2024Q3	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	418025000	usd
CY2023Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	434557000	usd
CY2024Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	103973000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	91378000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	55626000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	60770000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	72253000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	69387000	usd
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19557026	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19553101	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15942770	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15200149	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	195000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	195000	usd
CY2024Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	985654000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	988136000	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	505299000	usd
CY2024Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	3614256	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	4352952	shares
CY2024Q3	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	325402000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17769000	shares
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1209000	usd
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2024Q3	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	98917000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	454358000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15921000	shares
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	60185000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	10608000	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9968000	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	792000	usd
CY2024Q3	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	5982000	usd
CY2024Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2383000	usd
CY2024Q3	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	215000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2354000	usd
CY2024Q3	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-25377000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1362082000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1254028000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	33446000	usd
CY2023Q1	us-gaap	Dividends Dividends	50861000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	67682000	usd
CY2023Q1	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	60831000	usd
CY2023Q1	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	192000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	955000	usd
CY2023Q1	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-5048000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1239563000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	14631000	usd
CY2023Q2	us-gaap	Dividends Dividends	13271000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6693000	usd
CY2023Q2	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2886000	usd
CY2023Q2	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	639000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	779000	usd
CY2023Q2	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	12323000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1258471000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-13677000	usd
CY2023Q3	us-gaap	Dividends Dividends	10076000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	12809000	usd
CY2023Q3	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2023Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3903000	usd
CY2023Q3	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	125000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1209000	usd
CY2023Q3	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-23812000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1218728000	usd
	us-gaap	Profit Loss ProfitLoss	104938000	usd
	us-gaap	Profit Loss ProfitLoss	34400000	usd
	us-gaap	Depreciation Depreciation	12649000	usd
	us-gaap	Depreciation Depreciation	13530000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-23033000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	3168000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	71111000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	62747000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7294000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14641000	usd
	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	10335000	usd
	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	7722000	usd
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	-113087000	usd
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	37632000	usd
	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	21697000	usd
	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	19689000	usd
	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	-13194000	usd
	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	-15498000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	56192000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-893000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	778000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	7207000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-111760000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-246241000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-17353000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	2714000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	149417000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-147378000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	16166000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	7128000	usd
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	8288000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-23294000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8288000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-27342000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	1550000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	61114000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	74208000	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-12084000	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-16537000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	59970000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	67620000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	792000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-161268000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-158365000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2232000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	282000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-32913000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-313749000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	383098000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	365624000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	350185000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51875000	usd
	us-gaap	Interest Paid Net InterestPaidNet	4370000	usd
	us-gaap	Interest Paid Net InterestPaidNet	7750000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	5912000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	21646000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
	us-gaap	Due To And From Broker Dealers And Clearing Organizations Disclosure DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure	RECEIVABLES FROM AND PAYABLES TO BROKERS, DEALERS AND CLEARING ORGANIZATIONS <div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%"><tr><td style="width:1.0%"></td><td style="width:69.987%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.057%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.396%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.060%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">September 30,</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:100%">(Amounts in thousands)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">2023</span></td></tr><tr><td colspan="3" style="background-color:#f3f3f3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-style:italic;font-weight:700;line-height:100%">Receivables from brokers, dealers and clearing organizations</span></td><td colspan="3" style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td><td colspan="3" style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">Receivable from clearing organizations</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">87,567</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">199,143 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f3f3f3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">Receivable from brokers and dealers</span></td><td colspan="2" style="background-color:#f3f3f3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">7,493</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#f3f3f3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td><td colspan="2" style="background-color:#f3f3f3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">9,176 </span></td><td style="background-color:#f3f3f3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">3,857</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">3,685 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#f3f3f3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">Total receivables from brokers, dealers and clearing organizations</span></td><td style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">98,917</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td><td style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">212,004 </span></td><td style="background-color:#f3f3f3;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f3f3f3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-style:italic;font-weight:700;line-height:100%">Payables to brokers, dealers and clearing organizations</span></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">Payable to brokers and dealers</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">1,757</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">979 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f3f3f3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">Total payables to brokers, dealers and clearing organizations</span></td><td style="background-color:#f3f3f3;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#f3f3f3;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">1,757</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#f3f3f3;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#f3f3f3;padding:0 1pt"></td><td style="background-color:#f3f3f3;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#f3f3f3;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:100%">979 </span></td><td style="background-color:#f3f3f3;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div>Under the Company's fully disclosed clearing agreement, all of its securities inventories with the exception of convertible securities, and all of its customer activities are held by or cleared through Pershing LLC ("Pershing"). The Company has established an arrangement to obtain financing from Pershing related to the majority of its trading activities. The Company also has a clearing arrangement with bank financing related to its convertible securities inventories. Financing under these arrangements is secured primarily by securities, and collateral limitations could reduce the amount of funding available under these arrangements. The funding is at their discretion and could be denied. The Company's clearing arrangement activities are recorded net of trading activity. The Company's fully disclosed clearing agreement includes a covenant requiring Piper Sandler to maintain excess net capital of $120 million.
CY2024Q3	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	87567000	usd
CY2023Q4	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	199143000	usd
CY2024Q3	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	7493000	usd
CY2023Q4	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	9176000	usd
CY2024Q3	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3857000	usd
CY2023Q4	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3685000	usd
CY2024Q3	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	98917000	usd
CY2023Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	212004000	usd
CY2024Q3	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	1757000	usd
CY2023Q4	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	979000	usd
CY2024Q3	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	1757000	usd
CY2023Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	979000	usd
CY2024Q3	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2023Q4	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2024Q3	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	0	usd
CY2023Q4	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	388000	usd
CY2024Q3	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	147946000	usd
CY2023Q4	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	131375000	usd
CY2024Q3	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	15336000	usd
CY2023Q4	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	1645000	usd
CY2024Q3	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	19608000	usd
CY2023Q4	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	25744000	usd
CY2024Q3	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	120282000	usd
CY2023Q4	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	138755000	usd
CY2024Q3	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	13594000	usd
CY2023Q4	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	7122000	usd
CY2024Q3	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	50808000	usd
CY2023Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	8149000	usd
CY2024Q3	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	34443000	usd
CY2023Q4	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	104418000	usd
CY2024Q3	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	6282000	usd
CY2023Q4	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	5895000	usd
CY2024Q3	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	9726000	usd
CY2023Q4	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	11066000	usd
CY2024Q3	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	418025000	usd
CY2023Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	434557000	usd
CY2024Q3	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	41681000	usd
CY2023Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	53857000	usd
CY2024Q3	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	1856000	usd
CY2023Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	2230000	usd
CY2024Q3	pipr	Financial Instruments Sold Notyet Purchased Us Govtand Agency Obligations FinancialInstrumentsSoldNotyetPurchasedUSGovtandAgencyObligations	0	usd
CY2023Q4	pipr	Financial Instruments Sold Notyet Purchased Us Govtand Agency Obligations FinancialInstrumentsSoldNotyetPurchasedUSGovtandAgencyObligations	48268000	usd
CY2024Q3	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	64293000	usd
CY2023Q4	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	40437000	usd
CY2024Q3	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	2921000	usd
CY2023Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	4188000	usd
CY2024Q3	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	110751000	usd
CY2023Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	148980000	usd
CY2024Q3	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	270323000	usd
CY2023Q4	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	285881000	usd
CY2024Q3	pipr	Investments At Cost InvestmentsAtCost	281000	usd
CY2023Q4	pipr	Investments At Cost InvestmentsAtCost	281000	usd
CY2024Q3	us-gaap	Equity Method Investments EquityMethodInvestments	14250000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	11886000	usd
CY2024Q3	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	284854000	usd
CY2023Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	298048000	usd
CY2024Q3	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	190643000	usd
CY2023Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	211096000	usd
CY2024Q3	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	94211000	usd
CY2023Q4	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	86952000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	301760000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	8571000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	310331000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	116197000	usd
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	1595000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7294000	usd
CY2024Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	110498000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	2994000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	8639000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	7253000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3480000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	2191000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	541000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	25098000	usd
CY2024Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	25836000	usd
CY2023Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	22396000	usd
CY2024Q3	us-gaap	Income Tax Receivable IncomeTaxReceivable	3521000	usd
CY2023Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	5939000	usd
CY2024Q3	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	27175000	usd
CY2023Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	14084000	usd
CY2024Q3	us-gaap	Other Assets OtherAssets	175264000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	85955000	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	61100000	usd
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	325019	shares
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	474354	shares
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	60000000.0	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	67600000	usd
	pipr	Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Average Price Per Share ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAveragePricePerShare	184.51
	pipr	Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Average Price Per Share ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAveragePricePerShare	142.55
	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	1041880	shares
	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	1916220	shares
CY2024Q3	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	241470000	usd
CY2023Q3	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	211666000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	731775000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	580037000	usd
CY2024Q3	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	100934000	usd
CY2023Q3	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	90493000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	284113000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	274644000	usd
CY2024Q3	us-gaap	Interest Income Operating InterestIncomeOperating	7831000	usd
CY2023Q3	us-gaap	Interest Income Operating InterestIncomeOperating	6980000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	22813000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	19421000	usd
CY2024Q3	pipr	Investmentincomeloss Investmentincomeloss	10693000	usd
CY2023Q3	pipr	Investmentincomeloss Investmentincomeloss	-17108000	usd
	pipr	Investmentincomeloss Investmentincomeloss	7510000	usd
	pipr	Investmentincomeloss Investmentincomeloss	9804000	usd
CY2024Q3	us-gaap	Revenues Revenues	360928000	usd
CY2023Q3	us-gaap	Revenues Revenues	292031000	usd
	us-gaap	Revenues Revenues	1046211000	usd
	us-gaap	Revenues Revenues	883906000	usd
CY2024Q3	pipr	Other Interest Expense OtherInterestExpense	1356000	usd
CY2023Q3	pipr	Other Interest Expense OtherInterestExpense	2546000	usd
	pipr	Other Interest Expense OtherInterestExpense	4404000	usd
	pipr	Other Interest Expense OtherInterestExpense	7790000	usd
CY2024Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	359572000	usd
CY2023Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	289485000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	1041807000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	876116000	usd
CY2024Q3	us-gaap	Noninterest Expense NoninterestExpense	303957000	usd
CY2023Q3	us-gaap	Noninterest Expense NoninterestExpense	292935000	usd
	us-gaap	Noninterest Expense NoninterestExpense	905524000	usd
	us-gaap	Noninterest Expense NoninterestExpense	839376000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	55615000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3450000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136283000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	36740000	usd
CY2024Q3	pipr	Operating Margin Percent OperatingMarginPercent	0.155
CY2023Q3	pipr	Operating Margin Percent OperatingMarginPercent	-0.012
	pipr	Operating Margin Percent OperatingMarginPercent	0.131
	pipr	Operating Margin Percent OperatingMarginPercent	0.042
CY2024Q3	pipr	Number Of Share Based Compensation Plans NumberOfShareBasedCompensationPlans	4	plan
CY2024Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	148667	shares
CY2024Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	20300000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	21500000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	69900000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	61600000	usd
CY2024Q3	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	700000	usd
CY2023Q3	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	200000	usd
	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	2200000	usd
	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	1000000.0	usd
CY2024Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3500000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3300000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	11400000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	11400000	usd
CY2024Q3	us-gaap	Restructuring Charges RestructuringCharges	255000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	0	usd
	us-gaap	Restructuring Charges RestructuringCharges	-42000	usd
	us-gaap	Restructuring Charges RestructuringCharges	3833000	usd
CY2024Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	520000	usd
CY2023Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1794000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	70000	usd
CY2024Q3	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	775000	usd
CY2023Q3	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	0	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	1752000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3903000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	34789000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	3878000	usd
	us-gaap	Net Income Loss NetIncomeLoss	112055000	usd
	us-gaap	Net Income Loss NetIncomeLoss	33466000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15921000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15105000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15767000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14895000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17769000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17256000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17636000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17176000	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.19
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.11
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.25
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.96
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.35
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.95
CY2024Q3	srt	Alternative Net Capital Requirement1 AlternativeNetCapitalRequirement1	1000000	usd
CY2024Q3	srt	Net Capital NetCapital	236500000	usd
CY2024Q3	srt	Alternative Excess Net Capital AlternativeExcessNetCapital	235500000	usd
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
pipr-20240930_cal.xml	Edgar Link	unprocessable
0001230245-24-000179-index-headers.html	Edgar Link	pending
0001230245-24-000179-index.html	Edgar Link	pending
0001230245-24-000179.txt	Edgar Link	pending
0001230245-24-000179-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pipr-20240930.htm	Edgar Link	pending
pipr-20240930.xsd	Edgar Link	pending
pscq32024ex101.htm	Edgar Link	pending
pscq32024ex102.htm	Edgar Link	pending
pscq32024ex311.htm	Edgar Link	pending
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pipr-20240930_def.xml	Edgar Link	unprocessable
pipr-20240930_lab.xml	Edgar Link	unprocessable
pipr-20240930_pre.xml	Edgar Link	unprocessable
pipr-20240930_htm.xml	Edgar Link	completed
R45.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PIPR
PIPER SANDLER COMPANIES Stock $pipr

2024 Q4 Form 10-Q Financial Statement

#000123024524000179 Filed on November 07, 2024

Income Statement

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Cashflow Statement

Facts In Submission

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$PIPR PIPER SANDLER COMPANIES Stock $pipr

2024 Q4 Form 10-Q Financial Statement

#000123024524000179 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PIPR
PIPER SANDLER COMPANIES Stock $pipr